Augmented Intelligence

Torch.AI Recognized By GovCIO Outlook for Augmented Intelligence

Torch.AI, a leading provider of intelligent systems of trust for the federal government and the fortune 500 is proud to announce being featured in Industry Magazine, the GovCio Outlook.

Torch.AI was featured by the magazine following the company’s ability to offer a machine learning platform that enables complex systems to be managed and manipulated with unparalleled security and ease of use. Torch’s computing technology leverages asymmetric encryption in containing and computing data securely, in a format that is can be shared, authenticated, credentialed, and security is handled in a simple package.

The ability of the company’s platforms to store data tags securely, rather than data itself, eliminates the need to have a large data warehouse as well as computation limitations. Users can also customize the platform to ensure key variables to surface quickly. According to Brian Weaver, Founder and CEO, “The most rewarding part is making heroes out of our clients when processes are triggered based on the specific patterns of data detected by the platform. Taking their expertise and putting it into action.”

The unmatched expertise of the company in the deployment of OEM applications has attracted several consultancy firms such as Deloitte, Accenture, DXC and many others. The partnership between them has been a vital aspect that has led to the development of state-of-the-art solutions for well-known organizations such as USDA, DISA, Treasury, FSB, FNS, IRS and DoD.

Torch is currently leveraging on staff in Beltway and R&D to add value to its client’s businesses by reducing improper payments and eliminating insider threats. The company also pursues meaningful relationships with key state contractors as pointed out by Mr. Weaver: “Our partners are thought-leaders and have true domain expertise that makes an advanced platform like Torch, really shine.”

About Torch.AI

Torch.AI is on a mission to enable machine augmented trust at scale. The platform offers rapidly deployable augmented intelligence technologies that use unique data ingestion technologies and advanced techniques to provide an automation and judgement solution within a convenient framework.

Through the lens of network-centric intelligence, variable detection and change are illuminated and displayed in real-time, facilitating opportunities for improved decisioning with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.

About GovCio Outlook

GovCio Outlook is a technology magazine whose focus is the trends, opportunities, and challenges for CIOs in an effort to deliver efficient technology-driven services and operations to enable smart governance.


Machine Learning

Machine Learning and Artificial Intelligence

A recent article on Torch.AI as featured in Entreprenuer Magazine, provides insight on how a straightforward approach to machine augmented decision making can boost a company’s revenues and protect them from fraud. According to the article, advancement in technology has made correlation and data the most precious resources and has changed the basis of competition in addition to the creation of new paths for companies across all industries (“How a Straightforward Approach to Machine Augmented Decisioning Will Protect Companies From Fraud and Boost Revenue,” 2018). Companies are losing potential revenue from advances in technology due to lack of skills to extract sustainable and meaningful value from small sets of data. Also, companies lack the needed infrastructure to incorporate, organize, and collect data insights. Therefore, companies such as Torch.AI has developed enterprise augmented intelligence solutions to assist firms that struggle with data management (“Home – Torch.AI: Home,” 2018). Adoption of technologies, such as machine and blockchain technology, innovative and new avenues are explored to solve the issues.

 

 

Torch.AI has created a collaborative team of business analysts, solution architects, and advanced technologists to develop advanced software applications that make data more relevant, intelligent, and usable to people and provide solutions to problems addressed in the article (“Home – Torch.AI: Home,” 2018). Machine learning and artificial intelligence are being used in the current world to power simple things. Gmail, for example, uses artificial intelligence to filter most of the spam emails. Artificial intelligence can convert unstructured data into network-centric structured information that can be used to solve complex problems faced by firms in various industries. According to the SV Advisory Group, hard issues facing clients can be addressed using complex technologies presented in a simplified form. Notably, strategic use of technology has the chance of boosting a company’s revenue (“How a Straightforward Approach to Machine Augmented Decisioning Will Protect Companies From Fraud and Boost Revenue,” 2018). The high cost of labor is the primary challenge for many firms, but through artificial intelligence and machine learning, cost-effective physical robots are developed, and they increase productivity, improve accuracy and predictions, and expand discovery of solutions to complex problems. Machine learning can mitigate fraud by using network-centric intelligence to eliminate insider threats and reduce payment errors. Torch.AI has partnered with technology consulting firms and commercial enterprise customers to enhance service delivery through the incorporation of artificial intelligence and machine learning (“How a Straightforward Approach to Machine Augmented Decisioning Will Protect Companies From Fraud and Boost Revenue,” 2018). The company has adopted AI implementation by appreciating its ability and using it to make appropriate use of information through various machine learning applications and complex neutral network analysis.


Defining Risk

Defining Risk

In ordinary conversations, a risk is the likelihood or possibility of something usually negative happening. For example, the risk of getting involved in an accident while driving. But in the context of engineering, a risk is used to express both the likelihood of occurrence, for instance, the failure of a structure and the degree of consequences that it may result to, for example, loss of lives. The connection of probability and consequences is used to assess relative risks through quality and judgment which is expressed by high, medium and low. In the case where the likelihood of occurrence and the consequence is quantified, then the product is the risk(Modarres, 34). Therefore risk equals the likelihood of occurrence times the consequence of the occurrence.

DEFINING RISK

Risk quantification is a process where we assess the risks identified in order to come up with data that can be used when determining a response to conforming risk. According to PMBOK standards, risk quantification is the second step after carrying out risk identification and before developing the response and control of a project risk management. PMBOK defines risk quantification as a way of assessing risks and their interactions to evaluate the extent of possible outcomes(Hillson, 33). Generally, quantification of risk is a process of assessing the risks already identified and coming up with data that will be required in deciding what is needed to be done about them.

3 POINT ESTIMATES OF A PROJECT

risk quantification

Source

The aim of carrying out risk quantification in a project is to formulate possibilities in terms of time, human resources or costs and prioritize them according to their likelihood and severity in order to come up with proper actions accordingly. It also assists companies in coming up with appropriate decisions in case of uncertainty. Risk quantification also provides assurance when dealing with unanticipated events in future instead of behaving unreasonably. When quantifying risk, we should identify them first, then analyze them according to their likelihood of occurrence and how it will impact the outcome. The likelihood is based either on perception or data of previous failure rates accessible for comparable events in a datasheet(Hillson, 45). After calculating the likelihood of all the events, we define the criterion of the probability of the entire events.

If a particular event occurs in outstanding situations, such that it is less than 3 percentage the chances of its occurrence, then its probability can be identified as rare. Likewise, consequences or relentlessness of the events on a project is also categorized. For example in a situation where the event might lead to rejecting the whole project then the project can be categorized as Catastrophic. If it results to an additional or a negative of 50 percent of the initial schedule cost then it can be categorized as major. Therefore risk is calculated by multiplying the impact or intensity by the likelihood of occurrence.

After quantifying risk, they are then evaluated in a risk matrix where the red zone represents unacceptable risks, while acceptable risk is represented by a yellow zone and neglectable risks are indicated by a green zone. For instance, if the probability of an event is classified as likely and its severity classified as Catastrophic, in this case, it will be grouped at the red zone in a risk matrix(Modarres, 51). This means that the risk is unacceptable and requires immediate attention to reduce the risk into the acceptable zone or formulate possibilities.

The cross-entropy (CE) methodology is a Monte Carlo way of sampling and optimization. The method is used to estimate probabilities. Monte Carlo is a computerized mathematical simulation method that is used to quantify risk in project management. The technique can be used to score or identify risk in a global trade or a supply chain. It is also helpful when analysing the likely outcomes of decisions and evaluating the intensity of risk that can be used in decision making. In each event, the most probable and the least probable approximations of risk are provided and then added to compute a range of possible outcomes. After that Monte Carlo analysis then produces random figures among the range and computes how many times the figure lies in each probable outcome (Concept of Risk Quantification and Methods Used in Project Management – Apppm). This likelihood is then distributed and a conclusion is made according to the most likely outcome.

RESULT OF PROBABILITY DISTRIBUTION
AS A RESULT OF MONTE CARLO SIMULATION

risk monte carlo simulation

Source

For instance, if a project requires three tasks, the best case and worst case approximation of the task as shown in fig 1 below. The figure shows that the project is probably going to be completed within 11 and 23 days. For instance, if Monte Carlo simulation is done 500 times producing random figures within 11 and 23, then the sum number of periods the stimulation results was less than or equal to the projected duration is calculated. After that, the probability of each projected duration is calculated and distributed as shown in figure 2. In reference to figure 1, the most probable time to complete the project is 17 days while according to figure 8 the probability of completing the project within 17 days is at 33percent although the probability of completing in 19 days is 88 percent. Therefore, it can be approximated that it will take 19 to 20 days to complete the project.

To sum up, when defining risk we can use metaphors to communicate new or broad concepts, for example, a risk is like brakes in a car, your brakes are supposed to work perfectly in order for you to reach your destination safely. No one will board a car if they were informed that the brakes do not function properly. We should also see risk as cockroaches, they hide, multiple fast and are a problem to stomp out.

SOURCES

Concept of Risk Quantification and Methods Used in Project Management – Apppm.  Accessed 22 Oct. 2018.

Hillson, David. Managing Risk in Projects. Ashgate Pub., 2009.

Modarres, Mohammad. Risk Analysis in Engineering. Chapman and Hall/CRC, 2016.


Encapsulation Technology

Torch.AI Featured in Forbes Magazine for New Encapsulation Technology

Forbes – Trick-Or-Treat: 13 Blockchain Companies By Industry That Will Have Your Cauldrons Bubbling For 2019

As Halloween approaches, there are some chilling blockchain projects out there that you will want to keep your tech cauldrons brewing for. But don’t worry, none of them involve the Sanderson Sisters returning to suck the life force out of these projects.

I’ve cracked the spells of 13 different companies across various industries and how they are using their technological magic for the public good. So, take your broomsticks and fly with me on a trip into these hauntingly beautiful projects.

Rossow, A. (2018). Trick-or-treat: 13 blockchain companies by industry that will have your cauldrons bubbling for 2019. Forbes.


Department of Defense

Torch.AI to Support $49 Million Program with U.S. Department of Defense

Chantilly, Va.— August 7, 2018—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that its subsidiary, Enterprise Services LLC, has been awarded an agreement to support the Defense Information Systems Agency’s (DISA) National Background Investigation Services (NBIS) Investigation Management program. The award, which represents new work for the company has a value of $49 million. Work on the program began in June and will conclude after 18 months.

The award was made possible via a prototype project sub-agreement through an Other Transaction Agreement (OTA) with Consortium Management Group (CMG) on behalf of Consortium for Command, Control and Communications in Cyberspace (C5).

On the agreement, Perspecta will deliver a government-wide information technology system that will support suitability, security and credentialing (SSC) investigations for all federal employees. The standardized investigative platform will be scalable, highly configurable and will integrate multiple systems and agencies. Designed to improve the investigative process with a streamlined case management system, the platform will provide enhanced visibility into investigative data and give field investigators a robust suite of collaboration and investigative tools to support their mission.

“Determining an individual’s trustworthiness to have access to U.S. government facilities, information systems and data is one of the key focus areas of Perspecta’s analytics program,” said Mac Curtis, president and CEO of Perspecta. “That is why we have brought together the best and brightest team of industry experts in case and content management, national security, clearance processing and data analytics to support this critical DISA program, and provide our government customers with the highest degree of assurance and security.”

Perspecta is the nation’s largest provider of background investigative services and offers a full suite of investigative services to help government organizations identity, investigate and mitigate risk. To deliver the NBIS program, Perspecta has partnered with Torch Research (Torch.AI), Accenture Federal Services, Pegasystems, Next Tier Concepts and CA Technologies.

About Torch.AI

Torch.AI is on a mission to enable machine augmented trust at scale. The platform offers rapidly deployable augmented intelligence technologies that uses advanced techniques to provide an automation and judgement solution within a convenient framework.

Through the lens of network centric intelligence, variable detection and change are illuminated and displayed in real-time, facilitating opportunities for improved decisioning with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.

About Perspecta Inc.

At Perspecta (NYSE: PRSP), we question, we seek and we solve. Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets. Our 260+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation. With offerings in mission services, digital transformation and enterprise operations, our team of 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta was formed to take on big challenges. We are an engine for growth and success and we enable our customers to build a better nation.  For more information about Perspecta, visit perspecta.com.

About CMG

The mission of Consortium Management Group, Inc. on behalf of Consortium for Command, Control, and Communications in Cyberspace (C5) is to speed development of technologies to improve U.S. Government capabilities required to sustain U.S. military supremacy in weapon systems information technologies.

For more information on CMG and its uniquely rapid, cost-effective and collaborative acquisition vehicle for companies, nonprofits and academic organizations seeking to do business with the Federal Government, contact Mary Reinecke at mary@cmgcorp.org, 202-466-4211.


SMARTEST SOLUTIONS FOR GOVERNMENT

Torch.AI named as Top 10 Smartest Solution for Government

Torch.AI named as Top 10 Smartest Solution for Government. Our very own Brian Weaver featured in Government CIO magazine.

Read the Article
SMARTEST SOLUTIONS FOR GOVERNMENT

ux firm

Torch.AI Acquires Leading US Branding and UX Firm ID

FOR IMMEDIATE RELEASE: 

UX Firm

 

ID to Boost Torch’s Brand Intelligence, User Experience Design Services

Leawood, Kansas, Nov. 13, 2017

Torch AI, one of the world’s preeminent augmented intelligence software companies, announced today that it has acquired Indicia Design (“ID”), a design and UX innovation firm based in Kansas City. The acquisition will broaden and deepen Torch’s brand intelligence and UX design capabilities, especially those related to rapidly enabling enterprise modernization and transformation.

“To further enhance our ability to meet client’s ambitious goals for transformation and growth, we are expanding the Torch offering with an even more robust suite of branding and UX services,” said Brian Weaver, founder and CEO of Torch AI. “We had been working with ID’s incredibly talented team rapidly prototyping solutions for clients and I was blown away. This acquisition dramatically and immediately expands the full-stack AI offering to our clients delivering greater value and impact.”

For more than a decade, ID has helped organizations by using human-centered design to solve complex business problems. Specific offerings include identity design, training materials and collateral, digital UI/UX development, environmental graphics, retail packaging, as well as motion graphics/animation.

“We are very excited to bring our unique strengths to the Torch family. Our firms share similar values, work culture, and clients,” said ID’s principal, Michael Wenger. “This is a very exciting opportunity for not only the ID team but for our clients as well, as we leverage Torch to enhance our current solutions.”

ID and Torch have been developing a new brand intelligence software tool that is being slowly rolled out to current clients. This tool provides ID clients with a new perspective on brand intelligence leveraging Torch software to dynamically surface brand variables, contemplate strategy and anticipate paths forward with regard to their market approach.

About ID

ID is a digital design and innovation firm in Kansas City, Missouri, helping leading organizations solve complex problems through brand and product design, digital strategy, corporate and consumer-facing environments, and advanced user experience development. ID’s research and work in brand intelligence has helped guide clients into the future of a modern data enabled world. For more information, please visit indiciadesign.com.

About Torch AI

Torch AI offers a rapidly deployable augmented intelligence platform that uses advanced technologies to provide an automation and judgement solution within a convenient framework.

Through the lens of network centric object intelligence, variable detection and change are identified and displayed in real-time, facilitating opportunities for improved judgement with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.

FOR IMMEDIATE RELEASE:  

ID to Boost Torch’s Brand Intelligence, User Experience Design Services

Leawood, Kansas, Nov. 13, 2017

Torch AI, one of the world’s preeminent augmented intelligence software companies, announced today that it has acquired Indicia Design (“ID”), a design and UX innovation firm based in Kansas City. The acquisition will broaden and deepen Torch’s brand intelligence and UX design capabilities, especially those related to rapidly enabling enterprise modernization and transformation.

“To further enhance our ability to meet client’s ambitious goals for transformation and growth, we are expanding the Torch offering with an even more robust suite of branding and UX services,” said Brian Weaver, founder and CEO of Torch AI. “We had been working with ID’s incredibly talented team rapidly prototyping solutions for clients and I was blown away. This acquisition dramatically and immediately expands the full-stack AI offering to our clients delivering greater value and impact.”

For more than a decade, ID has helped organizations by using human-centered design to solve complex business problems. Specific offerings include identity design, training materials and collateral, digital UI/UX development, environmental graphics, retail packaging, as well as motion graphics/animation.

“We are very excited to bring our unique strengths to the Torch family. Our firms share similar values, work culture, and clients,” said ID’s principal, Michael Wenger. “This is a very exciting opportunity for not only the ID team but for our clients as well, as we leverage Torch to enhance our current solutions.”

ID and Torch have been developing a new brand intelligence software tool that is being slowly rolled out to current clients. This tool provides ID clients with a new perspective on brand intelligence leveraging Torch software to dynamically surface brand variables, contemplate strategy and anticipate paths forward with regard to their market approach.

About ID

ID is a digital design and innovation firm in Kansas City, Missouri, helping leading organizations solve complex problems through brand and product design, digital strategy, corporate and consumer-facing environments, and advanced user experience development. ID’s research and work in brand intelligence has helped guide clients into the future of a modern data enabled world. For more information, please visit indiciadesign.com.

About Torch AI

Torch AI offers a rapidly deployable augmented intelligence platform that uses advanced technologies to provide an automation and judgement solution within a convenient framework.

Through the lens of network centric object intelligence, variable detection and change are identified and displayed in real-time, facilitating opportunities for improved judgement with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.


Defense Innovation

Torch.AI Wins Defense Innovation Award For Supply Chain Solutions

FOR IMMEDIATE RELEASE: 

Supply Chain Solutions

 

 

Kansas City based augmented intelligence firm recognized for positive impact to national security and the warfighter.

Tampa Bay, Florida – October 6, 2017. Torch AI, a leading provider of augmented intelligence platforms for the Fortune 500 and Federal Government, is proud to announce its selection as a 2017 DefenseTechConnect Innovation Award Winner.

Torch competed with an international field of high technology firms selected for the Defense Innovation Summit (DITAC). The company was ranked on the potential positive impact Torch applications have for the warfighter and national security.

Torch’s increasing success has been a result of being laser focused on enabling a modular ecosystem approach that accommodates users, systems, and process. But our broad collective experience spans mission critical commercial enterprise and public sector deployments including the military’s research arm, DARPA. Torch is a software platform that handles massive datasets making unbelievably complex problems solvable through network or information centric entity intelligence.

Travis Pickett, Managing Principal, Engineering said: “It is a great honor to even be considered for this award, let alone win against such impressive companies. Leading an engineering team that has such reach and global impact is a privilege. Our teams deserve great credit.”

Brian Weaver, CEO said: “We believe firmly we can make this world a better place by enabling the people out there working hard solving real problems. It is great for our associates to get recognition like this from esteemed organizations like DITAC.”

Torch joined another local firm at the Summit, National Nuclear Security Administration’s Kansas City National Security Campus, operated by Honeywell. KCNSC is responsible for manufacturing and procuring nonnuclear components for nuclear weapons, including electronic, mechanical, and engineered material components.

 

About Torch AI

Torch AI is a rapidly deployable augmented intelligence platform that uses advanced technologies including dynamic crawling, data aggregation and graph engines with physics properties to provide an advanced automation and judgement solution within a convenient framework.

Through the lens of real-time network resolution, outlier detection and change are identified and displayed, facilitating opportunities for improved judgement with outputs needed to measure and optimize performance. With built-in connections for entity search, c

lassification and investigation modules, Torch can quickly and dynamically surface out-of-range risk scoring without manual intervention. Learn more at https://torch.ai.

About DITAC

Defense Innovation Challenges brings together experts from the military, government, and technology industry to deliver transformational solutions for our national defense. Additional information about the event and Defense Innovation can be found at https://defenseinnovation.us/CSTC.html.

FOR IMMEDIATE RELEASE:  

Kansas City based augmented intelligence firm recognized for positive impact to national security and the warfighter.

Tampa Bay, Florida – October 6, 2017. Torch AI, a leading provider of augmented intelligence platforms for the Fortune 500 and Federal Government, is proud to announce its selection as a 2017 DefenseTechConnect Innovation Award Winner.

Torch competed with an international field of high technology firms selected for the Defense Innovation Summit (DITAC). The company was ranked on the potential positive impact Torch applications have for the warfighter and national security.

Torch’s increasing success has been a result of being laser focused on enabling a modular ecosystem approach that accommodates users, systems, and process. But our broad collective experience spans mission critical commercial enterprise and public sector deployments including the military’s research arm, DARPA. Torch is a software platform that handles massive datasets making unbelievably complex problems solvable through network or information centric entity intelligence.

Travis Pickett, Managing Principal, Engineering said: “It is a great honor to even be considered for this award, let alone win against such impressive companies. Leading an engineering team that has such reach and global impact is a privilege. Our teams deserve great credit.”

Brian Weaver, CEO said: “We believe firmly we can make this world a better place by enabling the people out there working hard solving real problems. It is great for our associates to get recognition like this from esteemed organizations like DITAC.”

Torch joined another local firm at the Summit, National Nuclear Security Administration’s Kansas City National Security Campus, operated by Honeywell. KCNSC is responsible for manufacturing and procuring nonnuclear components for nuclear weapons, including electronic, mechanical, and engineered material components.

About Torch AI

Torch AI is a rapidly deployable augmented intelligence platform that uses advanced technologies including dynamic crawling, data aggregation and graph engines with physics properties to provide an advanced automation and judgement solution within a convenient framework.

Through the lens of real-time network resolution, outlier detection and change are identified and displayed, facilitating opportunities for improved judgement with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range risk scoring without manual intervention. Learn more at https://torch.ai.

About DITAC

Defense Innovation Challenges brings together experts from the military, government, and technology industry to deliver transformational solutions for our national defense. Additional information about the event and Defense Innovation can be found at https://defenseinnovation.us/CSTC.html.